DLA Piper has advised Gemstone 101 Ltd, a wholly owned subsidiary of Valuestone Global Resource Fund I ("Valuestone Fund"), on its AU$22 million investment in CuDeco Limited ("CuDeco") in the form of convertible notes and options. The notes are convertible into 44 million ordinary fully paid shares in CuDeco, with 4,400,000 additional free options being granted to Valuestone Fund. Proceeds will be used to make loan repayments to the China Minsheng Banking Corporation, which will provide CuDeco with a more robust long term capital structure.

King & Wood Mallesons (KWM) advised Nexxus Iberia on the structuring of its new private equity fund, Nexxus Iberia Private Equity Fund I, with a target size of €200 million. The fund is aimed at investment in small and medium size companies with high projection in Latin America. The firm, led by Maite Ballester, has the support of the Mexican Private Equity firm Nexxus Capital and, in this first investment vehicle in Spain, was in collaboration with Fond-ICO Global.

Travers Smith LLP has advised Milestone Investisseurs on the UK aspects of its investment in Paul Dehaen Group, Milestone's first direct investment in Belgium.

Paul Dehaen Group is a pan-European leader in the clearance market of fast-moving consumer goods (FMCG) products through wholesale and retail activities.

Stibbe advises online supermarket Picnic on obtaining EUR 100 million growth capital from several Dutch family funds.

A year and a half ago Picnic started making deliveries of groceries and other daily shopping needs and it has experienced explosive growth since. The investment in Picnic will enable the online supermarket to realize its ambitious growth plans.

Stibbe advises Sealed Air Corporation, a NYSE listed company, on the sale of its Diversey Care division and the food hygiene and cleaning business to Bain Capital Private Equity.

In this context, Stibbe advises on the Dutch aspects of the sale process and the internal reorganization which shall take place before closing

White & Case LLP has advised Groupama on the sale of a three percent stake in OTP Bank.

The shares were sold via an institutional private placement with qualified investors by way of an accelerated bookbuilding for a total amount of €208 million.

Macfarlanes has advised Incisive Media, Alchemy Partners’ portfolio company, on the sale of its Insight division to Infopro Digital, a leading French business to business publisher.

Paul, Weiss represented Tencent in connection with its investment in Kuaishou Technology. Kuaishou is one of the leading video and photo-sharing services operators based in China. 

The Paul, Weiss team included corporate partner Jeanette Chan and counsel David Lee.

Frankfurt, 30 March 2017 – The international law firm BEITEN BURKHARDT advised FOSUN Group on EUR 12.5 million investment in The Naga Group AG, Hamburg ("NAGA") .

This is one of the biggest Series A investments in a FinTech company in Europe so far this year.

PARIS (March 30, 2017) – International law firm McDermott Will & Emery represented Mitsubishi Heavy Industries (MHI), the Japanese industrial conglomerate, in relation to its EUR 250 investment in New Areva Holding (NewCo), the company holding the assets of the Areva business relating to the fuel cycle.

As a result of this transaction, Mitsubishi Heavy Industries will hold 5% of the capital of NewCo majority controlled by the French State.